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Get started with MrTrades
This guide takes you from a new account to your first order on Hyperliquid. It takes about 15 minutes. You need an email address and, for live trading, a crypto wallet with USDC.
1. Create a Starter account
Sign up with your email. MrTrades supports Hyperliquid markets only. Starter includes real-time data on every Hyperliquid market, the last 7 days of history, and manual trading in Terminal.
2. Try practice mode
Open Terminal. Practice mode uses real prices and no real money. Place a few orders to learn how order entry, stop-losses and take-profits work.
3. Set up live trading
Live trading places real orders on Hyperliquid with your own funds.
- Link your wallet in Wallet. MrTrades never asks for your seed phrase or private key.
- Deposit USDC on Arbitrum, then move it to your Hyperliquid perps balance.
- Allow MrTrades to place orders for you. This also approves the MrTrades builder fee on Hyperliquid.
- Read the risk disclosure before your first live order.
You trade from one main wallet. Once you pass $100k traded, MrTrades sets up separate long and short wallets.
4. Place your first order
In Terminal, switch from practice mode to live trading, pick a market, set the size, and add a stop-loss. Check the order preview, then confirm. Hyperliquid's minimum order is $10.
5. Optional next steps
- Set price alerts on the markets you trade.
- Upgrade for full history and automated trading: strategies, bots, Nexus, webhooks and AI assistant orders. See Pricing.
- Connect an AI assistant. See Connect an assistant.
- Add a Desk Ticker.
Need help?
Stuck? Email [email protected], raise a ticket through support chat.